Kochi, or Cochin as it is also called, is a major port city in Kerala. It is the most populous and largest metropolitan area in the state and is home to a large number of banks that provide car loan services at attractive terms and conditions.
About Car Finance: Personal Car Finance is a complete subsector of personal finance, with numerous different products available. These include a straightforward car loan, hire purchase, personal contract hire (car leasing) and Personal Contract Purchase. Therefore car finance includes but is not limited to vehicle leasing. These different types of car finance are possible because of the high residual value of cars and the second hand car market, which enables other forms of financing beyond pure unsecured loans.
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I have taken a car loan in ICICI Bank. They are charging high interest rate. I have purchased a Ertica. The car loan was closed before 3 or 4 months. They have provided 100% on road price. The documents are submitted to the executive. They are providing a good service to the customers.
It was a good experience in getting my Car loan through them and the process has been easy in getting the loan. The loan amount which they had provided has been sufficient and the interest rate has been nominal as well. There has not been any extra charges which has been made by them for this loan.
My experience was good with Federal Bank for car loan, the process was smooth and i received my loan amount on time. Customer service was good with this bank and they collected documents on time. The tenure period for this loan is 7 years
I have taken car loan with TATA FINANCE and my loan experience was good. My loan amount is 600000 and interest rate is 14.1% and it is too high compare to others.There is no hidden charges. I use to pay 14000 as EMI per month and tenure period is 5years. I am not satisfied with customer service they did not respond on time.
I have taken an used car loan from the HDFC bank and my loan experience was good, the loan amount was for Rs 2.5 lakhs with the rate of interest of 12% which is nominal rate. Customer service was good with HDFC bank and they followed up on time....
My car loan experience was very good with HDFC bank, the loan amount was for Rs 2.8 lakhs with nominal interest rate. I have taken a new car and my loan was approved based on ex-showroom price. The process was smooth and i received my loan amount on time. The tenure for this loan is 5 years.
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Reviewed on Jul 05, 2018
The loan experience had been very good, the process has been fast in getting this loan and there has not been any delay. The rate of interest which they have been offering also had been very good and i can say it was not too high. The loan amount which they had offered also had been satisfactory.
I have taken a car loan from HDFC bank and the approved loan amount was 5.40 lakhs. The rate of interest was 8.75%. First it was 8.25% and since the financial year got changed the interest got changed to 8.75%. The monthly emi is 11658 for tenure of 5 years .There was a processing fee of 4000.
I just used bankbazaar to calculate my EMI and later i got processed with my car loan through bankbazaar. The credit score checking option with bankbazaar was good.It was really helpful to use this website .The customer service and response with the bank is fine.
I have taken a car loan with HDFC bank and my loan experience was good, the loan amount was for Rs 6 lakhs with nominal interest rate when compared to other banks. The tenure period for this loan is 5 years. Customer service was good and they followed up on time.
My car loan experience was good with HDFC bank was good, the process was quick and i received my loan amount on time. The rate of interest was nominal when compared to all other banks. Customer service was good and the tenure period for this loan is 5 years.
I had taken my car loan with ICICI Bank for 5 years and I had closed in 3 years. The charges are very high so I decided to close it very soon. The customer service and response was good. I have purchased Maruti Ertiga. They didn't give any benefits for foreclosing.
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RAJIV TULUVAN VEED
Reviewed on Jan 27, 2018
I have applied for a car loan with State bank of India.The loan amount is three lakhs,rate of interest is nominal as compered to others.The tenure is for seven years.The monthly EMI is 6000 I had to submit documents to process the request.The loan request processed within 7 days.
Within 5 to 6days HDFC bank has approved my car loan and they have disbursed it within the promised time. The required loan amount has been given by HDFC bank and I am satisfied with it. The rate of interest and the additional charges are average with HDFC bank car loan service.
Bankbazaar having a customized facilities from other banks. They gave me instant response and follow ups.The customer service executives helps in every query i had. They do the work very effectively. The website of bankbazaar is really good and user friendly.
I have applied for a car loan with ICICI BANK.The rate of interest with the bank was 9.5%. After 2 years only pre closure option available.In SBI rate of interest was 8.9% later by negotiation they converted to 8.75%.but the customer service of ICICI bank is good.
Fake people always changing there already agreed interest rates and bargaining before amount disbursal. Very pathetic customer approach and slow processing. It took 2 weeks for me to get a car loan and changed already agreed interest rate just before amount dusbursal, hated it and it is very bad.
Customer service is real good from the bank bazaar side . Within 24 hours i received call from the Bank bazaar and they explained me everything in detailed way i liked it , the detailing . The website is real user friendly and easy to use , i did not find any difficulty in any where . I like this experience I would say.
They called me on time i can say it was a good customer service from the Oriental Bank of India from the bank side . The rate of interest given from the bank side was real low about 7% i really liked it and processing fee was not told to me . I kept it on hold from my side due to some problem . Rest everything i should say is fine .
It have been 7 years, I have taken a car loan from ICICI ,employes of ICICI was very good and the customer service was also fine, even during the documentation there was no issue ,it was a good service from ICICI for my car loan service. I am happy with ICICI service.
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SHYJAN JOSEPH JERON
Reviewed on Oct 12, 2017
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
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